Announcement: Dear Square Foot Research users,
We are currently in the process of migrating a few basic features of Square Foot Research to The Edge Property.
You can now access our research tools and calculators for free on The Edge Property.
Additionally, the new site has also introduced a new 'Edge Fair Value' feature, which gives you an indicative value
based on information provided for subject property. Coupled with proprietary news content and listings information,
The Edge Property strives to be a 1-stop property portal to help users make better decisions. If you are a Real Estate Salesperson,
you will be able to post listings for free. Do visit us at www.theedgeproperty.com.sg
As the world ushers in the Fire Monkey on Feb 8, The Edge Property teams up with two feng shui consultants to gather alternative insights into the property market.
Mischievous in nature, this creature has taken the property market on a wild ride. In previous years of the Monkey, private home prices had swung as high as 88% in 1980, risen 16% in 1992 and 1% in 2004. While those years were generally positive for the property market, price growth has tapered over the past three cycles.
At least 51 strata retail transactions have crossed the $10,000 psf mark, based on URA’s caveat data so far. These transactions took place as far back as 2005 at just nine developments: Alexandra Central, Centrepoint, Far East Plaza, Lucky Plaza, Novena Regency, Pavilion Square, People’s Park Complex, Sim Lim Square and The Arcade.
Once famous for its food stalls selling goreng pisang, duck rice with thick sauce and prawn noodles, Long House Food Centre closed at end-April 2014. Rising in its place is the upcoming 183 Longhaus, a mixed-use development with 10 strata commercial units and 40 apartments. “Long House was such an icon on Thomson Road and synonymous with good food that we felt it was important to retain the flavour,” says Jonathan Phua, CEO of listed property developer TEE Land.